5864 DEREK AVENUE, #25
Sarasota, FL 34238
$585,000
Virtually Staged. Under Construction. Welcome to Car Bank 2.0, Sarasota’s premier, private garage condominium community in the heart of Palmer
Ranch. This exclusive enclave offers 26 individually owned garage condos, perfect for *CAR COLLECTORS, 45' RV OWNERS, HOBBYISTS, ARTIST STUDIO, WINE STORAGE, WORKSPACE* seeking secure,
high-end storage with exceptional convenience and customization. Each unit (#14-26) features solid concrete tilt-wall construction, designed to withstand
150 mph hurricane-force winds, with approx. 1,375 sq. ft. (55’D x 24’W) and 20' interior ceilings—ideal for mezzanines or car lifts. Interiors are
fully insulated and climate controlled with a quiet, efficient HVAC split system, 14' x 14' insulated motorized overhead door, and separate walk-in
door. Additional features include a half bathroom, utility sink, fire sprinkler system, LED lighting package, high-speed internet wiring, multiple
GFCI outlets, RV hookups (including optional 50-amp service), and high-quality concrete floors ready for customization. The gated community
provides 24-hour computerized access, monitored surveillance cameras, and 60'-wide driveway for easy maneuvering and privacy. The owner's
clubhouse will be a space where neighbors can gather to share their passion, host private celebrations and car shows or watch parties. The space
will include a bar and serving area, indoor and outdoor seating, television, and patio overlooking the serene pond. At 28' above sea level and
located just minutes from I-75, Sarasota’s dealership row, the Legacy Trail, and 3.8 miles from Siesta Key, this is the ultimate combination of
location, security, and functionality. Optional upgrades include individual backup generators, mezzanines, hydraulic lifts, cabinetry, epoxy or
polished concrete floors, ...
Listing Courtesy of: MICHAEL SAUNDERS & COMPANY
941-388-4447
| Listing Id: | A4685118 |
|---|---|
| List Price: | $585,000 |
| Property Type: | Residential |
| Property Sub Type: | Garage Condo |
| Status: | Active |
| Living Area: | 1,375 |
| Condo Fees: | 2,868.0 |
| Tax Annual Amount: | $0 |
| Lot Size Square Feet: | 40,149 |
| Lot Size Acres: | 0.92 |
| Waterfront?: | No |
| City: | Sarasota |
| County Or Parish: | Sarasota |
| Subdivision Name: | Car Bank 2.0 |
| Postal Code: | 34238 |
| Year Built: | 2026 |
| Additional Parcels?: | No |
| Builder Name: | Calusa Construction |
| Building Area Source: | Builder |
| Building Area Total: | 1375 |
| Building Area Units: | Square Feet |
| Direction Faces: | South |
| Foundation Details: | Slab |
| Construction Materials: | Concrete |
| Cooling: | Mini-Split Unit(s) |
| Directions: | From Clark Rd/SR 72, turn south on Derek Avenue, property on the right |
| Exterior Features: | Other |
| Flooring: | Concrete |
| Furnished: | Unfurnished |
| Heating: | Electric |
| Interior Features: | Ceiling Fans(s), High Ceilings, Thermostat |
| Laundry Features: | None |
| Levels: | One |
| Ownership: | Condominium |
| Living Area Source: | Builder |
| Living Area Units: | Square Feet |
| Lot Features: | In County |
| Lot Size Acres: | 0.92 |
| Postal Code Plus4: | 3054 |
| MLS Area Major: | 34238 - Sarasota/Sarasota Square |
| MLS Area Major: | 34238 - Sarasota/Sarasota Square |
| Original List Price: | $499,000 |
| Parcel Number: | 0099010019 |
| Township: | 37 |
| Road Surface Type: | Asphalt |
| Roof: | Membrane |
| Listing Terms: | Cash |
| Tax Year: | 2025 |
| Senior Community?: | No |
| Sewer: | Public Sewer |
| Special Listing Conditions: | None |
| State Or Province: | FL |
| Association?: | No |
| Builder Model: | 24x57 |
| Utilities: | Electricity Connected, Public, Sewer Connected |
| View: | Park/Greenbelt, Water |
| Water Source: | Public |
| Property Condition: | Under Construction |
| Public Survey Range: | 18 |
| Public Survey Section: | 15 |
| Zoning: | PID |
| Possession: | Close Of Escrow |
| Additional Lease Restrictions: | Per condo docs |
| Alternate Key Folio Num: | 0099010019 |
| Approval Process: | n/a |
| Association Approval Required Yn: | No |
| Available For Lease Yn: | Yes |
| Builder License Number: | CGC1533921 |
| Building Area Total Srch Sq M: | 127.74 |
| Calculated List Price By Calcula: | 425.45 |
| Cddyn: | No |
| Condo Fees Term: | Annual |
| Exist Lse Tenant Yn: | No |
| Flood Zone Code: | X |
| Flood Zone Date: | 2024-03-27 |
| Flood Zone Panel: | 12115C0163G |
| Green Verification Count: | 0 |
| Homestead Yn: | No |
| Lease Restrictions Yn: | Yes |
| Listing Exclusion Yn: | No |
| Living Area Meters: | 127.74 |
| Lot Size Square Meters: | 3730 |
| Minimum Lease: | 3 Months |
| Monthly Condo Fee Amount: | $239 |
| Num Times per Year: | 4 |
| Permit Number: | 000000001 |
| Projected Completion Date: | 06/30/2027 |
| Room Count: | 1 |
| Sdeo yn: | No |
| Sw Subdiv Community Name: | Not Applicable |
| Total Annual Fees: | $2,868 |
| Total Monthly Fees: | $239 |
| Unit Number Yn: | No |
| Water Access Yn: | No |
| Water Extras Yn: | No |
| Water View: | No |
| Yrs Of Owner Prior To Leasing Re: | 0 |
| Association 2 Yn: | 0 |
| Attribution Contact: | 941-388-4447 |
| Originating System Name : | Stellar MLS |
| In Law Suite Yn: | No |
| Green Energy Generation Yn: | No |
| Listing Contract Date: | 2026-03-06 |
| Pool Private?: | No |
| New Construction?: | Yes |
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Property Last Updated: November 06, 2026 11:43 AM - ET
